22, RUSSELL CLOSE, LANDKEY, BARNSTAPLE, EX32 0NZ - £197,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 RUSSELL CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £303,785. It was last sold for £197,000 in October 2013, which was around 29% below the average October 2013 detached price in the North Devon local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

22 RUSSELL CLOSE Sold Prices

Land registry data shows two sales for 22 RUSSELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two 22 RUSSELL CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 29 OCT	£197,000	£279,360	29% below HPI
2008 10 JUN	£195,000	£294,135	34% below HPI

22 RUSSELL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two 22 RUSSELL CLOSE sales from June 2008 and October 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2013 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 22 RUSSELL CLOSE be worth now?

22 RUSSELL CLOSE might now be worth an estimated £303,785.

This is based on house price inflation of 54.2%, between October 2013 and December 2024, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.2% inflationary increase is applied to the most recent sale price for 22 RUSSELL CLOSE of £197,000 on 29th October 2013. For the value to have increased from £197,000 to £303,785 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 22 RUSSELL CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The October 2013 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 22 RUSSELL CLOSE has not materially changed since October 2013.

How Large is 22 RUSSELL CLOSE?

22 RUSSELL CLOSE is 58m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses houses in Landkey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Landkey, and where 22 RUSSELL CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 22 RUSSELL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Landkey.

22 RUSSELL CLOSE: Plot and Title Map

22 RUSSELL CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 22 RUSSELL CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 22 RUSSELL CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 22 RUSSELL CLOSE?

22 RUSSELL CLOSE is located in LANDKEY, in the EX32 postcode district. The below map shows the position of No. 22 on RUSSELL CLOSE.